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Japan is preparing for a landmark transformation in cryptocurrency regulation, with the Financial Services Agency set to permit domestic banks to acquire and hold digital assets including Bitcoin for the first time — a move that could position the world's third-largest economy as a global leader in

The World Bank released a report examining blockchain interoperability that references Ripple's Interledger protocol and XRP cryptocurrency, describing the payment technology as "very promising" for enabling currency exchanges across different networks. The document marks a notable acknowledgment fr

Major U.S. banks disclosed plans this week to limit hiring and restructure operations around artificial intelligence, marking a shift in Wall Street employment practices even as firms report record profits. JPMorgan Chase and Goldman Sachs announced they would constrain workforce growth while deploy

Revolut's path to obtaining a full UK banking license has stalled as British regulators question whether the London-based fintech company's risk management systems can handle its aggressive international expansion. The Bank of England and the Prudential Regulation Authority have pressed the digital

JPMorgan Chase is developing infrastructure to allow clients to trade cryptocurrencies directly through the bank, marking a significant departure from Wall Street's historically skeptical stance toward digital assets. Senior executives outlined the plans in media appearances this week, signaling tha